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20090801
20090831
STATION
WBFF (FOX) 1
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china 1
colvin 1
s&p 1
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on the premise that the rising middle class in places like india and china will want to drive around in cars like we do here in the u-s. that will drive up the demand for at a time when supply may have reached its peak. 'supply goes down and demand goes up. its economics 101, price is going to go up." $12 per gallon "12 dollars per gallon will be a turning point in america. they will move out of the exurbs and move to higher-density, walkable communities." for some, leaving the single family home in the sububs for a more tightly packed apartment building may mark the end of the american dream. but steiner sees things differently. "the american dream is really about happiness. that isn't going to change. people will be surprise by how easily they can adapt from a single family home to sharing two walls in a town home." $14 per gallon at 14 dollars a gallon, steiner forecasts an end to big box stores like target and walmart. "when gas prices go pas $14 a gallon, the walmart model built on the price of cheap gas, the only reason it works because of cheap oil, will not be tenable." 80 percent of
Search Results 0 to 0 of about 1